Sensex Recovers Steep Losses Made In Early Trade; Infosys Cracks Over 10%

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The benchmark BSE-500 Sensex fell significantly today but made for early losses late in trade. The huge fall was on the back of Infosys' Vishal Sikka's exit from the company as the MD and CEO, which saw the company's scrip cracking by as much as 11%. Nonetheless, at the same time, rival company TCS made gains to the tune of 2.5%. On the other hand Nifty tested the 9800 level.

Sensex  Recovers Steep Losses Made In Early Trade; Infosys Cracks Over 10%

The domestic sentiment in trade today was also weak today due to tensions in the Spain and because of the fears due to the likely fate of the Donald Trump's economic agenda.

Weighed heavily by the IT bellwether, Infosys, Sensex was down 270.78 points at 31524.68 while Nifty was down by 66.75 at 9837.40.

Amid the heavy sell-off pressure which dominated today's trading session for most part of the day and huge falls, few of the stocks still managed to gain and even registered fresh 52-week high position. And some of the stocks even managed to touch record high prices.

Top Gainers in trade today include Bharti Infratel, UltraTech, BPCL, Eicher Motors and HUL. While losers in trade today includes Infosys, Sun Pharma, Zee entertainment, Vedanta and NTPC.

Read more about: sensex, nifty, stocks
Story first published: Friday, August 18, 2017, 15:42 [IST]
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